EQT Corp (EQT) director receives grant of deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rice Daniel J. IV reported acquisition or exercise transactions in this Form 4 filing.
EQT Corp director Daniel J. Rice IV received a routine equity-based compensation grant in the form of deferred stock units. On this date, he was awarded 452 deferred stock units at $63.64 per unit, each economically equivalent to one share of EQT common stock and including accrued dividends. These units represent compensation that is deferred until his termination of service as a director. Following this grant, his direct holding of deferred stock units reported in this filing increased to 30,451 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rice Daniel J. IV
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 452 | $63.64 | $29K |
Holdings After Transaction:
Deferred Stock Units — 30,451 shares (Direct)
Footnotes (1)
- Each deferred stock unit is the economic equivalent of one share of EQT Corporation common stock. Deferred stock units represent compensation that is deferred until termination of service as a director. Includes accrued dividends.
Key Figures
Deferred stock units granted: 452 units
Grant value per unit: $63.64 per unit
Deferred stock units after grant: 30,451 units
3 metrics
Deferred stock units granted
452 units
Grant to director Daniel J. Rice IV
Grant value per unit
$63.64 per unit
Deferred stock unit economic equivalent
Deferred stock units after grant
30,451 units
Total direct deferred stock unit holdings post-transaction
Key Terms
Deferred Stock Units, economic equivalent, accrued dividends, compensation that is deferred
4 terms
Deferred Stock Units financial
"security_title: "Deferred Stock Units""
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
economic equivalent financial
"Each deferred stock unit is the economic equivalent of one share"
accrued dividends financial
"Includes accrued dividends."
Accrued dividends are payments a company owes to shareholders that have been earned or officially declared but not yet paid; think of them as an IOU the company has for past dividend obligations. They matter to investors because they represent a near-term claim on a company’s cash, affect the company’s reported liabilities and value, and can be especially important when assessing income reliability or priority in a payout situation.
compensation that is deferred financial
"Deferred stock units represent compensation that is deferred until termination"
FAQ
What insider transaction did EQT (EQT) disclose for Daniel J. Rice IV?
EQT disclosed that director Daniel J. Rice IV received 452 deferred stock units as compensation. Each unit is economically equivalent to one EQT common share and includes accrued dividends, increasing his reported deferred stock unit holdings to 30,451 units after the award.
Is the EQT (EQT) Form 4 transaction a stock purchase or a grant?
The Form 4 reflects a grant, not a market purchase. Daniel J. Rice IV received 452 deferred stock units as a compensation award, classified as a grant or other acquisition rather than an open-market buy or sell transaction.
How many EQT (EQT) deferred stock units does Daniel J. Rice IV hold after this grant?
After the 452-unit award, Daniel J. Rice IV is reported to hold 30,451 deferred stock units directly. These units are economically equivalent to EQT common shares and represent compensation deferred until he ceases serving as a director.
What is the economic value basis of the EQT (EQT) deferred stock units granted?
Each of the 452 deferred stock units granted to Daniel J. Rice IV was valued at $63.64 per unit. The filing states that each deferred stock unit is the economic equivalent of one share of EQT Corporation common stock, including accrued dividends.
When can Daniel J. Rice IV access the EQT (EQT) deferred stock units granted?
The deferred stock units represent compensation that is deferred until Daniel J. Rice IV’s termination of service as a director. This means he generally does not receive the underlying economic value until he leaves the EQT board.